{"latest_run": "2026-07-31T20:50:00.033648+00:00", "coverage_count": 6120, "result_count": 1, "page": 1, "pages": 1, "filters": {"q": "", "ticker": "FCX", "sector": "", "industry": "", "direction": "", "min_score": 0, "page": 1}, "summary": {"total": 1, "avg_conviction": 35.4, "avg_conviction_label": "35.4", "bullish": 0, "bearish": 0, "volatility": 0, "mixed": 1, "leader": "FCX", "leader_score": "35", "leader_direction": "mixed", "leader_direction_label": "Mixed", "leader_tone": "neutral", "leader_read": "The strongest current read is mixed, so the options tape is not giving a clean direction yet."}, "charts": {"sectors": [{"ticker__sector": "Basic Materials", "count": 1, "avg_score": "35.40", "sector_label": "Basic Materials", "industry_label": "", "sector_url": "/structure/us/basic-materials/", "industry_url": "", "bar_width": 100.0}], "directions": [{"direction": "mixed", "count": 1, "bar_width": 100.0}], "score_bands": [{"slug": "80-plus", "label": "80+", "min": "80", "max": null, "title": "80+ conviction options signals", "summary": "The strongest current options reads, where pressure, participation, volatility context, and trend fit are most aligned.", "count": 0, "url": "/options/conviction/80-plus/", "bar_width": 0.0}, {"slug": "60-79", "label": "60-79", "min": "60", "max": "80", "title": "60-79 conviction options signals", "summary": "Strong options setups with meaningful evidence, usually worth deeper confirmation in the ticker detail and weekly chart.", "count": 0, "url": "/options/conviction/60-79/", "bar_width": 0.0}, {"slug": "40-59", "label": "40-59", "min": "40", "max": "60", "title": "40-59 conviction options signals", "summary": "Developing options reads where the tape is active, but one or more confirmation layers still need context.", "count": 0, "url": "/options/conviction/40-59/", "bar_width": 0.0}, {"slug": "under-40", "label": "<40", "min": null, "max": "40", "title": "Under 40 conviction options signals", "summary": "Early, mixed, or lower-conviction options reads that can still be useful as watchlist context.", "count": 1, "url": "/options/conviction/under-40/", "bar_width": 100.0}]}, "signals": [{"symbol": "FCX", "name": "Freeport-McMoran Copper & Gold Inc", "exchange": "NYSE", "country": "US", "currency": "USD", "sector": "Basic Materials", "industry": "Copper", "sector_url": "https://sharemaestro.com/structure/us/basic-materials/", "industry_url": "https://sharemaestro.com/structure/us/basic-materials/copper/", "direction": "mixed", "direction_label": "Mixed", "tone": "neutral", "conviction_score": 35.4, "options_pressure_score": 17.79, "trend_confirmation_score": 50.0, "speculation_score": 40.54, "volatility_score": 60.12, "edge_label": "Options-market disagreement", "insight": "FCX shows mixed options pressure with a 35/100 conviction score, put-call volume ratio of 0.68, expected move of 5.8%, and Sharemaestro trend signal inactive.", "fetched_at": "2026-08-02T05:39:06.139228+00:00", "snapshot": {"fetched_at": "2026-08-02T05:39:06.139228+00:00", "underlying_price": 62.63, "total_contracts": 810, "call_contracts": 405, "put_contracts": 405, "call_volume": 14351, "put_volume": 9724, "call_open_interest": 487395, "put_open_interest": 545378, "put_call_volume_ratio": 0.67758344, "put_call_open_interest_ratio": 1.11896511, "volume_open_interest_ratio": 0.02331103, "avg_implied_volatility": 0.5295, "max_pain_strike": 61.0, "expected_move_percent": 5.76401086, "nearest_expiration": "2026-08-07"}, "market": {"latest_close": 62.63, "one_week_change": 0.04792332268370607, "one_week_change_label": "+0.0%", "relative_strength": 7.311258, "fair_value_gap_label": "+38.3%", "trend_signal": "0"}, "premium_flags": [{"label": "Context building", "value": "35", "detail": "The chain is live, but no premium alert condition is dominant yet."}], "intent": {"slug": "multi-expiry-position-maintenance-candidate", "label": "Multi-expiry position-maintenance candidate", "tone": "neutral", "confidence": 75.4, "confidence_label": "75/100", "summary": "Activity is spread across expirations with heavier open interest than current volume, which can be consistent with position maintenance.", "evidence": [{"label": "Notional split", "value": "C 69% / P 31%", "detail": "Estimated gross traded notional uses volume \u00d7 contract multiplier \u00d7 midpoint, or last price when no valid midpoint is available."}, {"label": "Freshness", "value": "0.02", "detail": "Volume divided by open interest across the visible chain."}, {"label": "Trend fit", "value": "50/100", "detail": "Agreement between options pressure and Sharemaestro market context."}], "watchouts": ["Aggregate chain data does not identify trade aggressor or opening versus closing activity; call/put concentration is not proof of market direction.", "Roll detection is conservative because opening and closing legs are not directly observable in this snapshot."]}, "flow_divergence": {"label": "No clean flow/price divergence", "tone": "neutral", "score": 15.4, "score_label": "15/100", "summary": "The options read is mixed, so divergence is not strong enough to classify.", "metrics": [{"label": "Options pressure", "value": "+18"}, {"label": "1W price", "value": "+0.0%"}, {"label": "Call premium", "value": "69%"}, {"label": "Put premium", "value": "31%"}]}, "conviction_clusters": [{"label": "Calls \u00b7 91+ days \u00b7 ITM", "tone": "positive", "volume": 620, "open_interest": 74722, "premium": 1038112.5, "premium_label": "$1.0M", "premium_share": 16.627068207958057, "weighted_strike": 51.27258064516129, "avg_iv": 0.49206608695652176, "max_voi": 0.18796992, "why": "calls cluster with 620 contracts traded, $1.0M estimated gross traded notional, and 17% of visible notional."}, {"label": "Calls \u00b7 46-90 days \u00b7 ITM", "tone": "positive", "volume": 1366, "open_interest": 18285, "premium": 868440.0, "premium_label": "$868440", "premium_share": 13.90948583560943, "weighted_strike": 59.71303074670571, "avg_iv": 0.529988, "max_voi": 0.18337546, "why": "calls cluster with 1366 contracts traded, $868440 estimated gross traded notional, and 14% of visible notional."}, {"label": "Calls \u00b7 0-7 days \u00b7 ITM", "tone": "positive", "volume": 1615, "open_interest": 991, "premium": 499987.0, "premium_label": "$499987", "premium_share": 8.008108901580826, "weighted_strike": 60.627863777089786, "avg_iv": 0.43716714285714287, "max_voi": 11.5, "why": "calls cluster with 1615 contracts traded, $499987 estimated gross traded notional, and 8% of visible notional."}, {"label": "Calls \u00b7 91+ days \u00b7 OTM", "tone": "positive", "volume": 842, "open_interest": 154883, "premium": 467810.5, "premium_label": "$467810", "premium_share": 7.492749670097377, "weighted_strike": 77.47030878859857, "avg_iv": 0.5166402272727273, "max_voi": 0.45086705, "why": "calls cluster with 842 contracts traded, $467810 estimated gross traded notional, and 7% of visible notional."}, {"label": "Puts \u00b7 91+ days \u00b7 ITM", "tone": "negative", "volume": 308, "open_interest": 23258, "premium": 424025.0, "premium_label": "$424025", "premium_share": 6.791453331772245, "weighted_strike": 69.18831168831169, "avg_iv": 0.52462, "max_voi": 0.2, "why": "puts cluster with 308 contracts traded, $424025 estimated gross traded notional, and 7% of visible notional."}], "why_this_matters": "Multi-expiry position-maintenance candidate matters because it connects the options headline to the actual evidence: $6.2M of estimated gross traded notional, calls \u00b7 91+ days \u00b7 itm, and a no clean flow/price divergence backdrop. Use it as a research priority signal, then validate the chart, liquidity, event calendar, and risk before acting.", "detail_url": "https://sharemaestro.com/options/ticker/94c140ae-1355-4750-9674-24abdb5b77b0/", "research_links": {"chart": "/terminal/94c140ae-1355-4750-9674-24abdb5b77b0/", "report": "/terminal/94c140ae-1355-4750-9674-24abdb5b77b0/report/", "factor": "/factors/ticker/94c140ae-1355-4750-9674-24abdb5b77b0/", "insider": "/insider-activity/company/fcx/"}}], "disclaimer": "Educational market research only. Not financial, investment, trading, tax, or legal advice."}